Just now, when GST is turning out to be a massive confusion to the Indian Market – LegalRaasta- a Delhi-based startup has come up as a GST Suvidha Provider (GSP) by GSTN (GST Network) to facilitate end-to-end tax solutions for large corporate, tax practitioners and SMEs. A GSP has developed technology solution for stakeholders & taxpayers to help connect to the GST systems – starting from registration of the entity to uploading of invoice details, compliances, and filing returns.
GSP’s are entities authorized to evolve the GST compliance network. Every taxpayer is required to file 37 returns in a year. So, for filing these returns, LegalRaasta will be the one-stop-solution for taxpayers. It’s been more than 2 years now; LegalRaasta has been providing tax registration & return filing services and satisfying their customers successfully.
Himanshu Jain, CEO of LegalRaasta Technologies Pvt Ltd, in a statement, said,” Now, Legalraasta as GSP will simplify the journey of multiple taxpayers in uploading invoice data (B2B & Large value B2C) as well as the filing of returns and act as a single stop solution for GST related services. Our esteemed customers need not worry about GST return filing & its compliances as it won’t be a headache anymore.
”GSP’s can be defined as the Front End of the overall GST ecosystem. Their roles are filing tax returns, uploading invoice data, creating challan for tax payment, ledger maintenance etc. In the first batch, GSTN had finalized 34 companies including EY, Deloitte and Tata Consultancy to become GSPs from over 200 companies. Therefore, LegalRaasta was among the 69 companies from over 160 applicants shortlisted to be a GSP by GSTN in the second batch.